Return On Equity ratio Analysis of Tango Therapeutics Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-39.53
Period Ending - Dec-22
Very Poor ROE
-43.36
Growth
8.85 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-45.23
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-14.34
ROE Analysis of Tango Therapeutics Inc
| ROE Ratio of Tango Therapeutics Inc with value of -45.23 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Tango Therapeutics Inc with value of -14.34 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
| ROE Ratio of TNGX has grown by 8.85 % Compared to previous Financial Year. |
| ROE Ratio with value of -0.076 was highest in Year Dec-20 in last Five Years. |
| ROE Ratio with value of -178.30 was lowest in Year Dec-19 in last Five Years. |
| Latest ROE Ratio with value of -39.53 is Greater than Average ROE of -55.63 in last five years. |
| ROE of Tango Therapeutics Inc is negative because of poor net profit in last Financial Year , last Quarter and also in last twelve Months. |
Other ROE Related Info of TNGX that may interest you.
Tango Therapeutics Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TNGX | 6.92 | 6.66 | 3.90 % | Biotechnology |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Equity of Tango Therapeutics Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
|---|---|---|---|---|---|
| ROE | -39.53 | -43.36 | -16.89 | -0.076 | -178.30 |
| Change | 8.85 % | -156.70 % | -22189.54 % | 99.96 % |
FY Chart of Return On Equity of Tango Therapeutics Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)